James Ding
Feb 02, 2026 15:32
SUI trades at $1.15 with oversold RSI at 27.51 signaling potential bounce. Technical analysis suggests $1.50-$1.85 recovery targets, with key resistance at $1.22.
Sui (SUI) is showing signs of a potential technical bounce after reaching deeply oversold conditions, with the token currently trading at $1.15. Despite a modest 5.55% gain in the past 24 hours, SUI remains significantly below its key moving averages, presenting both opportunity and risk for traders.
SUI Price Prediction Summary
• Short-term target (1 week): $1.22-$1.30
• Medium-term forecast (1 month): $1.50-$1.85 range
• Bullish breakout level: $1.22
• Critical support: $1.03
What Crypto Analysts Are Saying About Sui
Recent analyst commentary has highlighted SUI’s oversold technical condition. Iris Coleman noted on January 30, 2026: “Sui trades at $1.28 with oversold RSI at 28.69 signaling potential bounce. Technical analysis suggests $1.50-$1.85 recovery targets by February, with key resistance at $1.41.”
Jessie A Ellis provided a similar Sui forecast on February 1, 2026: “SUI trades at $1.10 with oversold RSI at 21.83 signaling potential bounce. Technical analysis suggests $1.50-$1.85 recovery targets by February, with key support at $1.02.”
Both analyses converge on the $1.50-$1.85 recovery range, suggesting this level represents a reasonable medium-term target for SUI’s price prediction.
SUI Technical Analysis Breakdown
The current technical setup for SUI presents a mixed but potentially bullish picture for short-term recovery:
RSI Analysis: At 27.51, SUI’s RSI sits in deeply oversold territory, historically a condition that precedes price bounces. This oversold reading aligns with analyst expectations of a technical recovery.
Moving Average Structure: SUI trades below all major moving averages, with the 7-day SMA at $1.26, 20-day SMA at $1.48, and 200-day SMA at $2.55. This bearish structure suggests any recovery will face significant overhead resistance.
MACD Momentum: The MACD histogram at 0.0000 indicates neutral momentum, with neither bullish nor bearish divergence currently present. This neutral reading could shift quickly with increased buying pressure.
Bollinger Bands: SUI’s position at 0.12 on the Bollinger Band scale places it very close to the lower band support at $1.05, while the upper band sits at $1.91. This positioning suggests limited downside risk with substantial upside potential.
Sui Price Targets: Bull vs Bear Case
Bullish Scenario
In a bullish scenario, SUI price prediction targets the $1.50-$1.85 range based on several technical factors. The immediate resistance at $1.19 and strong resistance at $1.22 represent the first hurdles for any recovery attempt.
A successful break above $1.22 would likely target the 7-day SMA at $1.26, followed by the EMA 12 at $1.33. The ultimate bullish target aligns with analyst projections of $1.50-$1.85, coinciding with the 20-day SMA resistance zone.
Technical confirmation would require RSI moving above 40 and MACD generating a bullish crossover signal.
Bearish Scenario
The bearish case for this SUI price prediction centers on the breakdown below current support levels. Immediate support at $1.09 followed by strong support at $1.03 represents critical levels to maintain.
A break below $1.03 could trigger further selling toward the Bollinger Band lower support at $1.05, though this level has already been tested. Extended bearish pressure could push SUI toward the $0.90-$0.95 range, representing a 20-25% decline from current levels.
Risk factors include broader crypto market weakness and failure to generate buying interest despite oversold conditions.
Should You Buy SUI? Entry Strategy
Based on current technical conditions, a staged entry approach appears most prudent for SUI investment:
Primary Entry Zone: $1.10-$1.15 (current levels) offers attractive risk-reward given oversold RSI conditions.
Secondary Entry: $1.05-$1.09 near Bollinger Band support provides additional downside protection.
Stop-Loss Strategy: Conservative traders should place stops below $1.00, while aggressive positions might use $0.95 as the maximum risk threshold.
Position Sizing: Given the volatile nature of this Sui forecast, limiting position size to 1-2% of portfolio allocation remains appropriate for risk management.
Conclusion
This SUI price prediction suggests a potential recovery to the $1.50-$1.85 range over the coming weeks, supported by oversold technical conditions and analyst consensus. However, the bearish moving average structure and general crypto market uncertainty warrant cautious optimism.
The most probable scenario sees SUI testing resistance at $1.22-$1.30 in the near term, with the $1.50-$1.85 targets achievable if broader market conditions remain supportive. Traders should monitor RSI recovery above 40 and MACD bullish crossover as confirmation signals.
This analysis represents technical assessment based on current market data and should not be considered financial advice. Cryptocurrency investments carry substantial risk, and price predictions may not materialize as expected.
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Source: https://blockchain.news/news/20260202-price-prediction-sui-targeting-150-185-recovery-by-february
